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20130331
Search Results 0 to 9 of about 10 (some duplicates have been removed)
the break, we will take you live to adobe headquarters in san jose, dig into the numbers with an exclusive interview with adobe's ceo. >>> later on, the nfl looking for a big score. the league's new $32 million investment fund looking for companies to invest in. we'll find out where, coming up. stay with us. [ male announcer ] with citibank it's easy for jay to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. makes it easy for anne to manage her finances when she's on the go. even when she's not going anywhere. citibank for ipad. easier banking. standard at citibank. >>> >>> welcome back. adobe systems on the move in the after-hours. let's head over to adobe headquarters in san jose, california, where jon fortt is standing by with adobe's man in charge. over to you, jon. >> reporter: thanks, maria. adobe definitely beat on top and bottom lines. wall street was looking for revenue around $986 million, eps of 31 cents. adobe did better than $1 billion in revenue and 35 cents. here with shantanu
for hewlett-packard. it's reported they want to pull the plug on its deal for the sports arena in san jose, california, as you see it there. the hp pavilion hosted ncaa basketball games this past weekend and is home to the san jose sharks, but reports say ceo meg whitman wants out of the 15-year, almost $50 million deal, due to end in 2016. the move is part of hp's re-evaluation of its marketing and sponsorship efforts. s.a.p. is said to be interested in taking over the arena's naming rights. founder and chairman haso plattner is the majority owner of the sharks. i was going to make a shark joke there, but can't quite make it happen. instead, we'll give you some headlines. >>> cyprus readying capital controls as banks get set to reopen tomorrow. the bank of england says uk banks will still need to recapitalize as a result of a 25 billion pound funding shortfall. and "only an insane person would want to govern now." these the words from italy's center-left leader hitting european stocks. and straight ahead, we'll talk debt and deficits on both sides of the atlantic with the latest news from
of dell as this drama unfolds. there you see them. our tech correspondent is live in san jose with more on what it means for dell, icon and shareholders. john? >> reporter: just today, icon enterprises released a brief statement saying give i con a look at dell's books. it gives icon more ammunition. they will not be able to use that information pubically. to recap, dell said its founder planned to take the company private for $13.65 a share. he said he was pushing for the company to stay public and borrowed to pay out a dividend of nine bucks a share. what's next? march 22 is the deadline. it doesn't look likely. i have been looking at dell's books but why not. free peak at competitor's secrets. investors are in a tricky spot. if this battle goes on too long and dell's underlying business suffers, things could get a lot worse. >> all right. we thank you for that. and courtney reagan for a market flash. >> let's take a look at shares of a company releasing earnings. shares are actually falling off sharply. the street is a little disappointed with what they are seeing. >> they are having
, they said, but not surprised. the san jose mine has one of the worst safety records in the region. the first rescue team didn't get very far. 300 yards from here, the underground road was blocked by a boulder twice the weight of the empire state building. with the 33 still alive, the odds were put at 2%. half a mile underground, victor zamora was repairing the roof of the mine when the force of the collapse plastered him against a wall. he stumbled to the shelter where food was meant to be stored for just such an emergency. there was enough for a couple of picnics. how did you react to that? >> [speaking spanish] >> male translator: we were so mad. there was almost nothing there. we couldn't believe that we were supposed to survive with so little. we were treated even worse than animals. it was shocking. >> three days after the collapse, the rescue team started sending probes down. trouble was, they had no idea where the miners were. all they had were sketches, which were outdated and inaccurate. but they kept on drilling day and night. the noise was deafening. the miners would hear the prob
its back, so to speak. >> all rise. >> pattie dunn appeared in a san jose courtroom. she's not just fighting for her reputation. she's also fighting for her life. this has all happened as she battles stage-4 ovarian cancer. you are gonna start a full round of chemotherapy -- severe chemotherapy -- day after tomorrow. >> 8:45 a.m. >> 8:45 a.m. and you're charged with this. it's just all piling on you at once. and you're so strong. >> what's the alternative? >> well, breaking down, getting in the back of a closet and sitting there. i can think of lots of things that other people -- >> well, the golden gate bridge is always out there. it's not going away. i mean, you just have to fight back. >> do you think your illness has made you -- what's the word -- philosophical? >> definitely. having a criminal indictment is the last thing i ever expected in my entire life. but if i hadn't had four diagnoses of cancer, i would probably think it was the worst thing that could ever happen to anyone, and i know it's not. >> in march 2007, all criminal charges against pattie dunn were dropped by the
it they wanted to buy it. >> mid range on willow lane. this is san jose. it's weird to talk about mid range price home for 849. >> we priced it aggressively at $850,000. it sold for almost exactly a amount within the month. we knew we priced it aggressively. we also thought the market could afford it. sellers are saying i think i can get more for the property. now they're right. they're getting exactly what they want. >> interesting. and this is an example of a quick sale in san jose. went for a little over one, right? >> it went for a little over one. it was on the market only two days. we hosted an open house. it was absolutely mobbed. we knew we would get multiple offers. people were coming in all cash. folks were offering all sorts of different incentives. eventually we sold it for $1.1 million, which was the best offer for our particular client. >> some people we know who live there say with every consecutive ipo that did well here on the street we would see technology companies, their employees, i mean, the prices almost did a stair step pattern. is that what you saw? >> it's a perfect stor
of them. would you buy in those cities? >> even in those cities in san francisco, in new york, in san jose, in cities like that, home prices are much higher, but so are rents. the gap between prices and rents is narrower. but mortgage rates are low everywhere. and even in san francisco right now, it is 19% cheaper to buy than to rent. again, if you're going to stay put for seven years. if you're only staying put for three years, it's actually more expensive to buy than to rent in san francisco because you get fewer years of home price appreciation and the closing costs that you pay both when you buy and when you sell, you end up spreading out over fewer years. so those factors really matter. >> flip this around, what cities would i not want to buy in right now? where does it not make sense? >> right now if you're staying for seven years? >> yep. >> it makes sense to buy everywhere. assuming you can get a mortgage and depends on your personal circumstances. if you're not sure you'll be able to stay put for that long, if you can't get the lowest mortgage rates, and if you're not itemizing, t
their orders to put out blackberry's long-awaited phone. cnbc's john fort is live outside the at&t store in san jose where at 7:00 in the morning, john, i imagine there are not huge cues. >> you don't have to remind me what time it is, simon. i'm here in palo alto outside an at&t store. at&t can only hope that people will start loading up the website with pre-orders for the z10 blackberries. this one is extremely important to prove that that company can stick around in its current incarnation providing hardware and software and doing service also on the back end. this phone will sell for $199 with a two-year contract, just like the iphone 5. verizon and t-mobile also expected to pick up the z10. they basically said they will, but at&t is first out of the gate with pre-orders and they'll start selling them in these stores in about ten days and taking a look at market share and it has been a rough go for blackberry for quite a while now. shipments were down 43% and blackberry market share dropped to 3.2% from 8% a year earlier according to idc and android had 70% of the global market and the ios,
Search Results 0 to 9 of about 10 (some duplicates have been removed)